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Stock impact report

A Look Back at Sit-Down Dining Stocks' Q2 Earnings: The ONE Group (NASDAQ:STKS) Vs The Rest Of The Pack [Yahoo! Finance]

The ONE Group Hospitality, Inc. (STKS) 
Last the one group hospitality, inc. earnings: 3/26 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.togrp.com
Company Research Source: Yahoo! Finance
Sit-down restaurants offer a complete dining experience with table service. These establishments span various cuisines and are renowned for their warm hospitality and welcoming ambiance, making them perfect for family gatherings, special occasions, or simply unwinding. Their extensive menus range from appetizers to indulgent desserts and wines and cocktails. This space is extremely fragmented and competition includes everything from publicly-traded companies owning multiple chains to single-location mom-and-pop restaurants. The 13 sit-down dining stocks we track reported a slower Q2. As a group, revenues were in line with analysts' consensus estimates. The Fed cut its policy rate by 50bps (half a percent) in September 2024, the first in roughly four years. This marks the end of its most pointed inflation-busting campaign since the 1980s. While CPI (inflation) readings have been supportive lately, employment measures have bordered on worrisome. The markets will be assessing whethe Show less Read more
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